The Indian stock market opened
the week on a sluggish note with investors not too keen on building up
positions, despite positive global cues. Ahead of the onset of the
reporting season, the mood in the market was by and large cautious. For more Live Stock Market Calls Visit Us www.marketmagnify.com/freetrial.php or Get Free Trials Just Call @911-110-48-06
Sensex ends 35 points downThe
BSE benchmark Sensex ended up 34.62 points or 0.13% at 27,201.49, after
having rallied to a high of 27,288.22 intraday. The Nifty50 of the
National Stock Exchange, which rose to 8361.95, closed at 8337.90,
recording a gain of 1.95 points or 0.02%.
Nifty breaks 8300, Sensex falls 100 pts; Tata Motors gains 2% :-
Lupin and Tata Motors were top gainers in early trade, up 2 percent each followed by Sun Pharma, BHEL, Hero MotoCorp and Aurobindo Pharma while Tata Steel, ITC, ONGC, Bharti Airtel, ICICI Bank, Idea Cellular and Bharti Infratel were losers.
Lupin and Tata Motors were top gainers in early trade, up 2 percent each followed by Sun Pharma, BHEL, Hero MotoCorp and Aurobindo Pharma while Tata Steel, ITC, ONGC, Bharti Airtel, ICICI Bank, Idea Cellular and Bharti Infratel were losers.
Healthcare and FMCG stocks moved up. A few stocks from banking, consumer
durables, power and realty sectors closed higher. Information
technology stocks traded weak, while automobile, capital goods, metal
and oil stocks turned in a mixed performance. Midcap and smallcap stocks
were mostly subdued.
Lupin ended stronger by 7.8%. Dr Reddy's Laboratories moved up 2.7%, Cipla gained 2% and Sun Pharmaceutical Industries closed 0.7% up. Cadila Healthcare, Piramal Enterprises and GlaxoSmithKline Pharmaceuticals also closed on a firm note.
Lupin ended stronger by 7.8%. Dr Reddy's Laboratories moved up 2.7%, Cipla gained 2% and Sun Pharmaceutical Industries closed 0.7% up. Cadila Healthcare, Piramal Enterprises and GlaxoSmithKline Pharmaceuticals also closed on a firm note.
